Max the Free Money from Your 401 (k)

If your employer offers matching funds for your retirement investments, make sure you aren't leaving money on the table by not getting all of the matching money. Log into your 401 (k) administrator's website, or contact HR, to see if you are getting all the money you are entitled to. If you aren't, increase the amount of your contribution to hit the full match your company offers.

To calculate how much free money is available from your employer's match, multiply the match percentage by your annual salary. This is the maximum amount you can put into your 401 (k) and have your employer contribute additional free money. Then look at your current monthly contribution and multiplying by 12 to see your annual contribution. If the number is less than the employer match number, you are leaving free money on the table.